710 Claraday St, Glendora, CA 91740
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710 Claraday St Glendora, CA 91740

$6,125,000 Sold Price as of 07/28/2022
  • 36 Beds
  • 20 Baths
  • 16,178 Sq.Ft.
Sold
$6,125,000 Sold Price as of 07/28/2022 Refinance Your Mortgage

Map preview of 710 Claraday St, Glendora, CA 91740

Property Overview: 710 Claraday St Glendora, CA has 36 bedrooms, 20 bathrooms, 16,178 living square feet and 29,620 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 710 Claraday St in the City of Glendora. This garden style two-story walkup building consists of 16 two-bedroom and 4 one-bedroom units. It is situated on a lot that totals 0.68 acres and offers 16,178 rentable square feet. All units offer washer and dryer hookups, individual HVAC units outside, garbage disposals, 18-inch gas ranges for cooking, and granite countertops. Six of the units have been remodeled with an open concept: Units 4, 6, 7, 9, 14, and 16. The property features a newer two-year-old composition shingle pitched roof, five-year-old 100-gallon water heater, interior courtyard with gated swimming pool, PEX plumbing pipe installed in 2010, on-site laundry room in addition to laundry hookups, covered carports with private tenant storage lockers, and a renovated exterior with newer stucco, flagstone, paint, and artificial grass. This residential street has excellent curb appeal and is well situated in the Charter Oak neighborhood, which is a quiet and suburban getaway set against the majestic San Gabriel Mountains. It is strategically located just south of the 210 freeway and north of Arrow Highway. The community was once a small farm town but has now expanded into a large residential area for commuters who work throughout the area. Students in the neighborhood are served by the Charter Oak Unified School District. Locals can enjoy the Walnut Creek Community Regional Park which is nearby and a great place to spend an afternoon doing family-friendly activities. It is conveniently located just south of the 210 and 57 Freeways, which allows the residents to connect with the greater Southern California area and beyond.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 4 minutes ago | Last updated: July 29th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
29,620
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC22080464
City
Glendora
County
Los Angeles
Time on Site
882 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Leased Units: 20
  • # of Electric Meters: 21
  • # of Gas Meters: 21
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,792
  • Total Rent: $28,666
  • Pro Forma/Market Rent: $32,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $6,100
  • Pro Forma/Market Rent: $6,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.2%
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: $418,992
  • Net Operating Income: $254,327
  • Gross Operating Income: $407,076
  • Vacancy Allowance: $12,570
  • Gross Spendable Income: $254,327
  • Laundry Income: $600
  • Other Income 1: $1,800
  • Other Income Description: Pet Income
Annual Expense Breakdown
  • Total Operating Expense: $152,749
  • Electric: $1,832
  • Gas/Fuel: $4,921
  • New Taxes: $66,878
  • Trash: $8,418
  • Gardener: $2,400
  • Insurance: $7,994
  • Maintenance: $10,000
  • Professional Management: $32,750
  • Water/Sewer: $7,756
  • Other Expenses: $5,000
  • Other Expense Description: Reserves

Property Details for 710 Claraday St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, Washer Hookup
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 36
  • Has Parking
  • Parking Features: Assigned, Carport
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 20
  • Parcel Number: 8653009033
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 57 North, Exit Arrow Hwy West, North on Greer, Left on Claraday
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Glendora Agent

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Sale History for 710 Claraday St

Last sold for $6,125,000 on July 28th, 2022
  • July, 2022

  • Jul 28, 2022

    Date

    Sold

    CRMLS: OC22080464

    $6,125,000

    Price

  • Apr 21, 2022

    Date

    Active

    CRMLS: OC22080464

    $6,095,000

    Price

  • October, 1994

  • Oct 25, 1994

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

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Tax History for 710 Claraday St

Assessed Value (2020): $1,689,969
Year Land Value Improved Value Assessed Value
2020 $614,349 $1,075,620 $1,689,969

Home Value Compared to the Market

This property vs the competition

710 Claraday St sold on July 28, 2022 for 608.72% higher than the current median sold price for the city of Glendora which is $860,000. The median sold price per/sqft for Glendora is $566 and this home is sold at $376.75 per/sqft which puts the price per square foot 33.44% lower than the current median sale per square foot for the city of Glendora.

About 710 Claraday St

Detailed summary of property

710 Claraday St is a multi family that recently sold in Glendora, CA 91740. This multi family property offered 36 bedrooms, 20 bathrooms, roughly 16,178 living square feet, and sits on an approximately 29,620 square foot lot. 710 Claraday St was first listed on ArdentRealEstateGroup.com on April 21, 2022. The homeowner sold the property for $6,125,000. Home in Glendora are selling for a median price of $860,000 and a median price per square foot of $566. Based on Ardent Real Estate Group's Glendora Market Data, this home is sold 608.72% higher than the current median priced home. Local homes that are currently for sale include 803 W 30th St, 1741 S Westmoreland Blvd and 520 S Kenmore Ave. While the average home in Glendora, CA is selling in 64 days, 710 Claraday St has a days on market of 22 days. There are currently 110 homes for sale in the Glendora real estate market and 94 of them are single family homes while 9 of them are condos and 7 are townhomes. For more information on this home for sale at 710 Claraday St Glendora, CA 91740 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 710 Claraday St

Public county record property details
Beds
--
Baths
20
Year built
1964
Sq. Ft.
16,178
Lot Size
29,488
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
2
APN
8653-009-033

The source for these homes facts are from public records.

91740 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$527
Total Inventory
42
Median Sale to List Price %
104.62%
Avg Days on Market
27
Loan Type
Conventional (66.67%), FHA (6.67%), VA (0%), Cash (13.33%), Other (13.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.